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Nov 29, 2012
11/12
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CNBC
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the one thing we do know, your taxes are going up from an obama care tax attack. no matter what happens on the fiscal cliff. and is another bailout nation on the way? student loans up to $1 trillion, huge delinquency rates, default rates going sky high, no credit standards and sky high tuition. sound likes a real bad story to me. ceos have just wrapped up their meeting with president obama about the fiscal cliff and minutes ago john harwood landed a big fish. goldman sachs ceo lloyd blank finefein. >> the highlight of the meeting was the intensity from which the white house emphasized that marge al rates as a matter of math and politics have to go up somewhat, if not all the way to 31.6 had to go up and as p he said as a necessary ingredient of a deal, he would support such a rate. >> the president said we would pursue our own interests. i'm not -- i'm certainly not insisting, i don't even desire higher rates. i think there lab drag if revenue goes up and rates go up. but i think there will also be a drag on the american economy if our budget deficit widens out fo
the one thing we do know, your taxes are going up from an obama care tax attack. no matter what happens on the fiscal cliff. and is another bailout nation on the way? student loans up to $1 trillion, huge delinquency rates, default rates going sky high, no credit standards and sky high tuition. sound likes a real bad story to me. ceos have just wrapped up their meeting with president obama about the fiscal cliff and minutes ago john harwood landed a big fish. goldman sachs ceo lloyd blank...
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Dec 2, 2012
12/12
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they're the ones who are going to get hit with the obama taxes and really, i mean, you look at that and you think a normal human being with, you know, would be ashamed of that lack of intellectual honesty, should be. >> it's fascinating economic dri that costco is borrowing the money to pay this dividend. now, usually when companies pay dividends, it's out of earnings, right? >> yes, retained earnings, in this case, they're borrowing, taking on more debt, not to invest in the business in the future growth, but for a one-time equity pay out. >> and to worry about interest rates are low thanks to ben bernanke. >>, but this shows the tax rates combined with very low bore heing costs and instead of investing in growth, you're investing in tax avoidance. >> and russell long said, i've come to the conclusion if you're going to have capitalism, you're going to need capital. >> goes to the heart of this, right? >> pure genius, except what's happening here is that capital could be invested in productive businesses or used next year is being pulled out of 2013, into 2012 so it can be realized as
they're the ones who are going to get hit with the obama taxes and really, i mean, you look at that and you think a normal human being with, you know, would be ashamed of that lack of intellectual honesty, should be. >> it's fascinating economic dri that costco is borrowing the money to pay this dividend. now, usually when companies pay dividends, it's out of earnings, right? >> yes, retained earnings, in this case, they're borrowing, taking on more debt, not to invest in the...
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Dec 5, 2012
12/12
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. >> reporter: president obama was speaking to business leaders when he made the comment. he insists he will veto any bill not including tax increases on wealthier americans. >>> the defense department started planning for the roughly $500 billion in personnel cuts. the pin is not talking to the defense contractors of public plans. >>> the council made it clear that it's not following the mayor's lead on several issues. it was evident last night during a 13-hour meeting. the council voted against several bills. matt has more. >> reporter: the mayor appears to be concerned about the budget when it comes to a number of bills passed by the council yesterday and one thing that could put a hole is the plan by the council to lower speed camera fines. it passed last night and even though the mayor said the cameras are about safety, not mean, they generate a lot -- not money, they generate a lot of revenue and they could be close to $100 million the next four years. the mayor claims in total, the council passed bills to reduce the city's funding by $350 million that is over the ne
. >> reporter: president obama was speaking to business leaders when he made the comment. he insists he will veto any bill not including tax increases on wealthier americans. >>> the defense department started planning for the roughly $500 billion in personnel cuts. the pin is not talking to the defense contractors of public plans. >>> the council made it clear that it's not following the mayor's lead on several issues. it was evident last night during a 13-hour meeting....
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Dec 6, 2012
12/12
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. >> reporter: president obama says he will not sign a bill without a tax increase on incomes over $250,000. he met with a room full of ceos in washington today. >> i know that many of you have come down here to try to see, there a way we with break through the logjam and go ahead and get things done. and i'm here to tell you that nobody wants to get this done more than me. >> reporter: and yet house speaker john boehner says the president hat not responded to republicans' latest proposal. >> that offer included significant spending cuts and reforms and it included additional revenue. and frankly, it was the balanced approach that the president has been asking for. >> reporter: perhaps the boehner-obama phone call has moved things along. >> there is lots of activity looking at options. what we don't have is a meeting of the mind. this will require a difficult compromise on all sides to get the job done. >>> also this morning, the developing crisis in syria. unnamed u.s. officials say the syrian army has loaded deadly gas into aerial bombs and is just waiting for orders from president assad.
. >> reporter: president obama says he will not sign a bill without a tax increase on incomes over $250,000. he met with a room full of ceos in washington today. >> i know that many of you have come down here to try to see, there a way we with break through the logjam and go ahead and get things done. and i'm here to tell you that nobody wants to get this done more than me. >> reporter: and yet house speaker john boehner says the president hat not responded to republicans'...
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Dec 4, 2012
12/12
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obama, if he got his taxes on the rich, is still $8 trillion short over the next decade. that's where the energy taxes he's going to present and the value added tax that ultimately turns us into a european welfare state only of that can pay for obama's sized government. >> wow. grover, unfortunately we have to leave it there. our discussion of unicorns will continue, i'm sure, at least up until december 31st. thank you for joining us today as always. >> you got it. >> after the break, offer ver ses counteroffer. we will break both down with ezra klein when he joins us next on "now." i gave birth to my daughter on may 18th, five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and
obama, if he got his taxes on the rich, is still $8 trillion short over the next decade. that's where the energy taxes he's going to present and the value added tax that ultimately turns us into a european welfare state only of that can pay for obama's sized government. >> wow. grover, unfortunately we have to leave it there. our discussion of unicorns will continue, i'm sure, at least up until december 31st. thank you for joining us today as always. >> you got it. >> after...
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Nov 30, 2012
11/12
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you'll have 98% of the american people who will get a tax cut under president obama's proposal, 97% of american small businesses will get a tax cut. so why not come to a negotiated deal on the things that we agree on and put aside the other things. we don't thesely have to agree on those 2%. let's work on where there is some sort of compromisable solution or common ground. >> michael sm, what do you thins going on behind these meetings, what do you think these conversations are like? >> i don't know. i'm frustrated by the approach. i don't like the way this is all being litigated publicly and maybe it there's not an alternative. it seems that this deal gets done when the president is behind closed doors with john boehner. i think that's what it will take. it speaks to me, craig, of how there's no socialization left in washington. members of congress are there tuesday through thursday. they get out of dodge. their kids aren't in school there. not enough sharing of cocktails among one another. and frankly, i think they need to spend more time together and stop litigating this thing openl
you'll have 98% of the american people who will get a tax cut under president obama's proposal, 97% of american small businesses will get a tax cut. so why not come to a negotiated deal on the things that we agree on and put aside the other things. we don't thesely have to agree on those 2%. let's work on where there is some sort of compromisable solution or common ground. >> michael sm, what do you thins going on behind these meetings, what do you think these conversations are like?...
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more revenue than what president obama is taxing about what he says tax the rich, his proposal does not add a drop in the buckie on the our problem. this is not a plan or a solution, this is a political trophy, to the left. and republicans should not go along with it. neil: you know, senator, a pleasure knowing you, i always gauge viewer interest in a particular personalty, or senator or congressman from number of e-mails i get, it is not a quid pro quo but this is a good barometer, i get a ton you on every time, whether, fox news or fox business, that leads me to believe, a lot of folks really like you, it can't just be your family e-mailing me, which makes me think there is a presidential candidate in the making, what do you say? >> i told ed folder of heritage foundation 4 years okay when people told me to run for president is only president i want to be is president of heritage foundation, this is the group that can turn our country. neil: you would rather be president of the he heritage foundation than president of u.s. >> i don't think you will see a conservative as president
more revenue than what president obama is taxing about what he says tax the rich, his proposal does not add a drop in the buckie on the our problem. this is not a plan or a solution, this is a political trophy, to the left. and republicans should not go along with it. neil: you know, senator, a pleasure knowing you, i always gauge viewer interest in a particular personalty, or senator or congressman from number of e-mails i get, it is not a quid pro quo but this is a good barometer, i get a ton...
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Dec 7, 2012
12/12
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FOXNEWS
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. >> california, they just voted 13.3% state tax on top of the obama 40% tax. >> why do you think people are leaving? why would you stay there? >> you wouldn't. >> good to see you. the five is doing great. won greatlation toss both of you. coming up, liberals deny there are any eye vent extremists on theiren of the video spectrum but anarchists are now calling for violence on american soil. and is john boehner retaliating against his own tea party members? we have two congressmen who stood by the tea party principles and they now find themselves stripped of key positions. we will tell you what they are going through inside the going through inside the spspspspspspsp having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. if you're a man with low testosterone, you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is n
. >> california, they just voted 13.3% state tax on top of the obama 40% tax. >> why do you think people are leaving? why would you stay there? >> you wouldn't. >> good to see you. the five is doing great. won greatlation toss both of you. coming up, liberals deny there are any eye vent extremists on theiren of the video spectrum but anarchists are now calling for violence on american soil. and is john boehner retaliating against his own tea party members? we have two...
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Dec 4, 2012
12/12
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CNBC
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rates are going to automatically increase, which means any lower tax rates president obama will ask for is tax cuts and not an argument you are raising taxes on someone. for all those reasons, the democrats have a lot of leverage in january but that does not mean the democrats should wait till january, what happens after december 31st is everybody can lose. the kind of pressure we have psychologically and politically right now to get a deal done before we hit 2013, that kind of pressure and deadline pressure and momentum you're not going to have after you're over the fiscal cliff. so every day that goes by after january 1st isn't going to look like that big of a deal and essentially, time will run out for both parties, you will have a lot of problems in 2013, they will take the lion's share away from fiscal dealmaking, senate confirmation, have the debt ceiling, the long-delayed nuclear negotiableses with iran, going to have posturing for the 2014 campaigns. all of those things are going to suck out the moment up that we have right now. so, yes, democrats are not as bad off as the r
rates are going to automatically increase, which means any lower tax rates president obama will ask for is tax cuts and not an argument you are raising taxes on someone. for all those reasons, the democrats have a lot of leverage in january but that does not mean the democrats should wait till january, what happens after december 31st is everybody can lose. the kind of pressure we have psychologically and politically right now to get a deal done before we hit 2013, that kind of pressure and...
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Dec 7, 2012
12/12
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CSPAN
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we have seen in the past obama has had to make a deal on taxes. host: what specific benefits do these programs provide? guest: usually some kind of a cash benefit or they may help the search for a job. it is usually about $300 a week. it can vary from state sen. in the mississippi i want to say it is closer to $200. host: how are the programs funded? guest: they are funded through payroll taxes. through the trust the state administers the program and the money goes to the unemployed. host: talk about qualifications for unemployment insurance. what do people have to meet in order to apply? guest: generally what you have to do is you have to have a year of earnings. your earnings have to meet a certain threshold. you have to have been let go from a job. you cannot storm off having quit and necessarily qualify for -- to qualify for unemployment benefits. if he graduated from college and do not have a job, you get unemployment benefits. it is a pretty easy system to get into if you were laid off after 10 years. host: we have some qualifications a pers
we have seen in the past obama has had to make a deal on taxes. host: what specific benefits do these programs provide? guest: usually some kind of a cash benefit or they may help the search for a job. it is usually about $300 a week. it can vary from state sen. in the mississippi i want to say it is closer to $200. host: how are the programs funded? guest: they are funded through payroll taxes. through the trust the state administers the program and the money goes to the unemployed. host: talk...
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Nov 29, 2012
11/12
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congressman tom cole of oklahoma signaled republicans should accept president obama's tax offer. earlier today the president made note of it. let's listen. >> i'm glad to see, if you've been reading the papers lately, that more and more republicans in congress seem to be agreeing with this idea that we should have a balanced approach. so, if both parties agree we should not raise taxes on middle class families, let's begin our work with where we agree. >> congressman, thank you for joining us tonight. give us your thinking about why it's important, i know politically it makes sense to many people, middle class, people making up to $250,000 a year, get the tax cut continued but people above are basically decoupled from that much larger group of people. >> well, chris, i don't think taxes ought to go up for anybody. i think it's bad economic policy. it will eventually cost us jobs and eventually slow the economy. that's going to cost us revenue as well. i don't agree with the president on that point. frankly, i think he needs to be a lot more specific about putting spending cuts an
congressman tom cole of oklahoma signaled republicans should accept president obama's tax offer. earlier today the president made note of it. let's listen. >> i'm glad to see, if you've been reading the papers lately, that more and more republicans in congress seem to be agreeing with this idea that we should have a balanced approach. so, if both parties agree we should not raise taxes on middle class families, let's begin our work with where we agree. >> congressman, thank you for...
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Dec 6, 2012
12/12
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adelson stands to pay a whole, whole lot more in taxes now that mr. obama has won a second term. and mr. adelson says he intends to double his spending on conservative causes with a particular focus on anti-union measures in the states. labor unions played a big part in mr. adelson's conversion to democrat to republican kingmaker. he fought with members picketing outside his hotel in las vegas. he tried to fight them in court, until find the supreme court declined to take his case. in testimony for the nevada state ethics commission, future democratic congresswoman and unsuccessful candidate shelly berkeley said adelson had told her, "old democrats were with the union and he wanted to break the back of the union, subsequently he had to break the back of the democrats." that fight, the war with labor changed sheldon adelson from being just another social liberal on the sidelines of politics to sheldon adelson, contributor on an historic scale to republicans who do not share his social values and this goes to a fundamental truth about the republican party. which is that the republi
adelson stands to pay a whole, whole lot more in taxes now that mr. obama has won a second term. and mr. adelson says he intends to double his spending on conservative causes with a particular focus on anti-union measures in the states. labor unions played a big part in mr. adelson's conversion to democrat to republican kingmaker. he fought with members picketing outside his hotel in las vegas. he tried to fight them in court, until find the supreme court declined to take his case. in testimony...
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doesn't bid on higher taxes. on top earners. a just released poll shows nearly half of those ads say it's time to end tax cuts for the wealthy but keep it in place for americans earning $250,000 or less. 32% say the tax cuts should remain in place for everyone. during a broadcast interview yesterday timothy geithner was asked what if republican don't agree to raising taxes. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, we say there's no prospect for an agreement that doesn't involve those tax rates going up. remember, it's 2%. remember, all of those americans, too, get a tax cut into that framework on the first $250,000 of their income. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to you. >> right. good morning, terrell. yeah, that phone call does raise the possibility that some serious talks could start soon, but now we lear
doesn't bid on higher taxes. on top earners. a just released poll shows nearly half of those ads say it's time to end tax cuts for the wealthy but keep it in place for americans earning $250,000 or less. 32% say the tax cuts should remain in place for everyone. during a broadcast interview yesterday timothy geithner was asked what if republican don't agree to raising taxes. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, we say there's no...
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Dec 4, 2012
12/12
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obama said i wanted it extended for 2012. republicans at first said no, and boehner had to say no with them. when the deadline came last christmas, around last christmas republicans started to panic but polls showed people would blame them. all of a sudden those voices said let's not have this fight now. >> he's banking on that happening. >> that has to happen again. >> i spent some time working the phones today, because it's interesting to see both sides and by both sides i mean these guys. and then gop establishment guys sort of explain what's going on here today. from the perspective of these so-called dissidents as roll call is calling them. >> that's roll call. from their perspective they're punished for being too conservative. as you pointed out, steve, they're being punished in their minds for going too far to the right of people like speaker boehner. i talked to tim hul's camp, one of the congressman removed from two questicommittees. he said, look, this is something that establishment republicans do. how often do you
obama said i wanted it extended for 2012. republicans at first said no, and boehner had to say no with them. when the deadline came last christmas, around last christmas republicans started to panic but polls showed people would blame them. all of a sudden those voices said let's not have this fight now. >> he's banking on that happening. >> that has to happen again. >> i spent some time working the phones today, because it's interesting to see both sides and by both sides i...
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Dec 3, 2012
12/12
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. >> president obama accusing republicans ever being willing to raise taxes on 98% of americans, while speaker boehner said it's the president when is unwilling to compromise. it's time now for our sunday group. bill crystal of the weekly standard. marcha liason and ed rollins and former democratic senator that you heard. >> each of them are saying they are being reasonable and it's the other side's fault. you have been through your share of washington negotiations. what strikes you about what you heard today? >> i think they both made their case well but i think geithner is in a stronger position in this respect. the president is the president. he can maneuver, he can say my $1.6 trillion and he can say $1.2 trillion. speaker boehner has 135 members. they don't hop to it when he decides to move. he's in a tougher position structurally. in these show downs the white house usually wins and the main reason they win is it's a unitary executive. and congress is in a weaker position. >> all right. >> what happened this week is interesting. both sides are putting out their maximalist positio
. >> president obama accusing republicans ever being willing to raise taxes on 98% of americans, while speaker boehner said it's the president when is unwilling to compromise. it's time now for our sunday group. bill crystal of the weekly standard. marcha liason and ed rollins and former democratic senator that you heard. >> each of them are saying they are being reasonable and it's the other side's fault. you have been through your share of washington negotiations. what strikes you...
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Dec 1, 2012
12/12
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the taxes will go up for the top 2%. obama's job number one, a tax cut for the 98%. the rest of the people. let's listen to him. >> it's not acceptable to me and i don't think it's acceptable to you for just a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want tax rates on upper income folks to go up. all right? that doesn't make sense. the senate has already passed a bill to keep income taxes from going up on middle class families. that's already passed the senate. your members of congress, like allyson and chaka, other democrats in the house, they're ready to go, they're ready to vote on that same thing. if we can just get a few house republicans on board, we can pass the bill in the house, it will land on my desk, and i am ready, i have got a bunch of pens ready to sign this bill. >> 30 minutes after the president was finished, house speaker john boehner held a press conference, and he left unanswered the president's call for decoupling that 98% from the richest 2%, and he gave a pessimistic assessment of the si
the taxes will go up for the top 2%. obama's job number one, a tax cut for the 98%. the rest of the people. let's listen to him. >> it's not acceptable to me and i don't think it's acceptable to you for just a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want tax rates on upper income folks to go up. all right? that doesn't make sense. the senate has already passed a bill to keep income taxes from going up on middle class families....
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Dec 5, 2012
12/12
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CNNW
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, and it was very clear on obama wanted tax raised for the highest income americans. didn't the american people make that choice in voting for him, the electoral college and the popular vote? so isn't it incumbent on republicans to at least accept some upper income tax raise there? >> i think that the american public voted for the status quo. they voted for the gridlock that they had before the election. i think it's a little foolish of the american people to think they are going to get something different based on what they voted for. >> you think they want the status quo? >> people are locked in in the house, largely for redistricting. well, they voted for it. whether they wanted it or not, to think these people are going to change long-held habits based on one election, i think is a little bit silly. we're going to have gridlock in washington and frankly, i think gridlock is a good thing, not a bad thing. it keeps congress from taking away more liberties. >> the other thing, anderson, is that when you look at the members of congress, overwhelmingly, they were re-el
, and it was very clear on obama wanted tax raised for the highest income americans. didn't the american people make that choice in voting for him, the electoral college and the popular vote? so isn't it incumbent on republicans to at least accept some upper income tax raise there? >> i think that the american public voted for the status quo. they voted for the gridlock that they had before the election. i think it's a little foolish of the american people to think they are going to get...
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Dec 1, 2012
12/12
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KQED
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obama wins. clearly he ran on raising tax or raising revenue from the top 2%. center piece. republicans are not stupid. they sort of understand that. so they went through a process the day after boehner said revenues but not rates, and some began to drift over, okay, rates, so you have had movement, until friday or yesterday, thursday, when tim geithner goes up there and delivers an ultimatum which is a chest thumping stick in the eye to the republicans. and all the migration suddenly stops and suddenly they get outraged apt are. and so they are back, they are going back to where grover norquist wants them to be because they are outraged because they feel they have been insulted is, that this is not a negotiation t a war. i think what had yesterday from the administration was a bit of negotiation incompetence because they pushed us, the psychological process the republicans were going through, which they have to go through has to be has been pushed way back. >> where do you think we are. >> i'm not quite clear as dire in my assessment as david. first of all, david is absolut
obama wins. clearly he ran on raising tax or raising revenue from the top 2%. center piece. republicans are not stupid. they sort of understand that. so they went through a process the day after boehner said revenues but not rates, and some began to drift over, okay, rates, so you have had movement, until friday or yesterday, thursday, when tim geithner goes up there and delivers an ultimatum which is a chest thumping stick in the eye to the republicans. and all the migration suddenly stops and...
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Nov 30, 2012
11/12
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CNBC
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. >>> well, president obama making his case for raising taxes on the wealthy during a tour at the toy factory in pennsylvania today. but what are the chances of passing his plan into the divided congress? representative adam schiff is a democrat from california and is a member of the house appropriations committee as well. congressman, nice to have you here. welcome to "power lunch." >> thank you. great to be with you. >> we heard -- i'm sure you heard house speaker boehner's comments earlier today. the stock market didn't like it. he said basically there is a stalemate. we are almost nowhere. that is not good news as we approach the fiscal cliff. specifically, what areas would you be willing to compromise on in terms of spending or in terms of the tax proposals that are out there to try and get this thing solved? >> well, first of all, in terms of speaker boehner's comments, i think we have to recognize there is a certain choreography that goes on in a negotiation, as might be expected. after the leak the leadership got together and said the right things. then there's going to be a d
. >>> well, president obama making his case for raising taxes on the wealthy during a tour at the toy factory in pennsylvania today. but what are the chances of passing his plan into the divided congress? representative adam schiff is a democrat from california and is a member of the house appropriations committee as well. congressman, nice to have you here. welcome to "power lunch." >> thank you. great to be with you. >> we heard -- i'm sure you heard house...
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Dec 1, 2012
12/12
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president obama talked about the so-called fiscal cliff and his proposal to end of the bush tax cuts on those earning more than two and a $50,000. ed -- more than $250,000. ["hail to the chief" plays] please have a seat. have a seat. relax for a second. it is good to see all of you. hello. it is good to be back in pennsylvania. it is good to be right here. i want to thank michael, robert, and the investor, joel glickman for hosting me today and giving me a great tour. stand up so everybody can see you, guys. [cheers and applause] there you go. we have a couple of outstanding members of congress here. [cheers and applause] now, i just finished getting a tour of the workshop. i have to say it makes me wish that joel invented this stuff sooner when i was a kid. back then, you couldn't build a roller coaster out of your erector set. i got a chance to meet some of the folks who have been working around the clock to keep up with the christmas rush. that is a good thing. these guys are santa's extra elves. they manufacture almost 3000 pieces every minute. every box that ends up on store she
president obama talked about the so-called fiscal cliff and his proposal to end of the bush tax cuts on those earning more than two and a $50,000. ed -- more than $250,000. ["hail to the chief" plays] please have a seat. have a seat. relax for a second. it is good to see all of you. hello. it is good to be back in pennsylvania. it is good to be right here. i want to thank michael, robert, and the investor, joel glickman for hosting me today and giving me a great tour. stand up so...
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Nov 29, 2012
11/12
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tax cuts, and sort of dare the republican party not to vote for, you know, a new round of obama tax cuts. politically the president holds those but it's more important than that. the american people, after looking at options presented to them reclearly with a return of president obama to the white house, or initiating mitt romney presidency, chose a return of president obama to the white house and therefore gave him a very clear mandate to hold the line on the question of entitlements there when it comes to talking about entitlements, or earned benefits as progressives like to refer to it, what is the way that the president and those on the left can look and also appear to the right to be willing to compromise? what can they put on the table, if anything? >> well, i just don't think that any of us think that it is a reasonable idea to over the course of the next week and a half, over the course of the holiday season, for the president and this congress, which is a lame duck congress, to engage in major entitlement reforms of programs that have helped to lift millions of americans ou
tax cuts, and sort of dare the republican party not to vote for, you know, a new round of obama tax cuts. politically the president holds those but it's more important than that. the american people, after looking at options presented to them reclearly with a return of president obama to the white house, or initiating mitt romney presidency, chose a return of president obama to the white house and therefore gave him a very clear mandate to hold the line on the question of entitlements there...
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Dec 6, 2012
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to bial theail them as far as obama taxing the rich, you notice he does not touch entitlements. most of the rich is going to get off on tax breaks so there will only be certain rich that will be taxed. host: from "the hill" this morning -- 40 something republican senators sent a letter to the president yesterday. they conclude by saying -- again, this is 40 something republican senators, a letter to the president yesterday. back to your calls on the future for an the rodham clinton. this is a democrat from ohio. caller: i am fine tha, thank yo. i think if we get through these next four years, hillary clinton would make a good candidate and a good president for our country. i think she would move the country continuously. she knows a lot about the foreign affairs. i think she would be a good candidate. host: thank you for calling in this morning. caller: i am still wondering what happened to all that money they found when they went in over to iraq. could you please get me an answer to that question? host: probably not in the next 30 seconds but that is a good question that you ha
to bial theail them as far as obama taxing the rich, you notice he does not touch entitlements. most of the rich is going to get off on tax breaks so there will only be certain rich that will be taxed. host: from "the hill" this morning -- 40 something republican senators sent a letter to the president yesterday. they conclude by saying -- again, this is 40 something republican senators, a letter to the president yesterday. back to your calls on the future for an the rodham clinton....
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Dec 6, 2012
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for the top 2%. >> so are you saying then for pr purposes, that they should give into obama on the tax rate? >> not exactly. well, yeah, i guess i am. >> i'm sorry, that was not one of the top conservative minds. that was ann coulter, but you have to and it to her. she's onto something there. a new quinnipiac poll shows 65% of americans support higher taxes on incomes over $250,000. the same survey showing the president's approval rating at a three-year high, 53%. the highest level since the body of osama bin laden was dumped in the north arabian sea. perhaps that's why senate majority leader harry reid felt confident enough to declare that until republicans move on tax rates, more spending cuts are off the table. >> the president made clear, i have tried to make very clear, until there's some movement in tax rates, we're -- i'm not talking about any other proposals, not about where there will be a cut here or a cut there. >> no. as a matter of fact, the only cuts the senate is talking about today are in terms of staff on the republican side. with the surprise news today that senator j
for the top 2%. >> so are you saying then for pr purposes, that they should give into obama on the tax rate? >> not exactly. well, yeah, i guess i am. >> i'm sorry, that was not one of the top conservative minds. that was ann coulter, but you have to and it to her. she's onto something there. a new quinnipiac poll shows 65% of americans support higher taxes on incomes over $250,000. the same survey showing the president's approval rating at a three-year high, 53%. the highest...
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Dec 7, 2012
12/12
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. >>> coming up, new signs president obama's winning the tax fight. news today could strengthen his hand against speaker boehner. >>> plus, karl rove hasn't learned a thing is since its infamous air meltdown. why is he questioning polls again? >>> and a very special guest is here with me tonight. we have a gold medal winner onset. gabby douglas live in the studio. her story of sacrifice inspired a country. you're watching "politicsnation" on msnbc. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> have you joined the "politicsnation" conversation on facebook yet? we hope you will. today our fans were buzzing over the newly released photo of the president on the phone with mitt romney as he conceded to him on election night. he have len says, the president was probably so glad it was over so that he could get back to working for our country. david says, he must have be
. >>> coming up, new signs president obama's winning the tax fight. news today could strengthen his hand against speaker boehner. >>> plus, karl rove hasn't learned a thing is since its infamous air meltdown. why is he questioning polls again? >>> and a very special guest is here with me tonight. we have a gold medal winner onset. gabby douglas live in the studio. her story of sacrifice inspired a country. you're watching "politicsnation" on msnbc....
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Dec 1, 2012
12/12
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said he won this election on, which is having wealthier americans pay higher tax rates. they want to talk about entitlements and this and that, but the tax rates on the rich are more about just this policy debate. there's sort of this philosophical thing of i won the election, and obama -- i don't see any scenario by which he's going to back down. >> one of the things he did which i found interesting, which seems an unnecessary poke in the eye was to say, you know what, as part of this deal i think we should not have congress anymore have to approve raising the debt limit. that was certainly -- >> well, when you go into a negotiation you don't come in with your compromise to start. you kind of have to start at 10 to get -- and it never worked for him before. but the offer from mitch mcconnell, the minority leader, said he laughed at timothy geithner when he presented this offer. but you have to sort of start from your negotiating ground to get to the middle. i will say that it was rejected out of hand on capitol hill, so it's not necessarily a good start. and i would say
said he won this election on, which is having wealthier americans pay higher tax rates. they want to talk about entitlements and this and that, but the tax rates on the rich are more about just this policy debate. there's sort of this philosophical thing of i won the election, and obama -- i don't see any scenario by which he's going to back down. >> one of the things he did which i found interesting, which seems an unnecessary poke in the eye was to say, you know what, as part of this...
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Dec 4, 2012
12/12
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then obama, you know, is not necessarily bound by just that demand. he could come and ask to free up more revenue. as dan was saying, i think they hope that something in the market will make the democrats move quickly but if they don't that just suggests that they don't have it within themselves as a party to vote affirmatively do so something. >> eliot: there is one other component that could create fear and tank the market, and that's the debt ceiling. that's the place where john boehner is saying there is an extra price for that. i'm going to extort an extra piece of this if you want me to raise the debt ceiling and don't fall into that bear trap once against we hope. that's something that we'll talk about. we'll take a break and my guests will stay with me. we'll talk about the meet and potatoes of it and the debt sealing. we'll be right back. mints called mints? answer in a moment. fruit just got cooler. fruit on one side, cool on the other. ice breakers duo. a fruity, cool way to break the ice. brought to you by ice breakers mints. break the ice
then obama, you know, is not necessarily bound by just that demand. he could come and ask to free up more revenue. as dan was saying, i think they hope that something in the market will make the democrats move quickly but if they don't that just suggests that they don't have it within themselves as a party to vote affirmatively do so something. >> eliot: there is one other component that could create fear and tank the market, and that's the debt ceiling. that's the place where john...
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Nov 30, 2012
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lawmakers to accepting the tax hikes now. >> i miss visiting towns like this. >> president obama got his wish, rather than negotiating with republicans he was hamering them. back on the campaign trail in a factory that makes angry bird toys. >> it's not accept to believe me and i don't think it's acceptable for you for republicans in congress to hold middle class tax cuts hostage because they don't want the tax rates on the upper income folks to go up. >> within minutes, john boehner fired back the talks are on life support. >> let's not kid ourselves. >> boehner ripped the president for sending treasury secretary ti tim geithner to capitol hill with a proposal that led mitch mcconnell literally burst out laughing. >> the white house took three weeks to respond with any kind of proposal. and much to my disappointment, it wasn't a serious one. >> their beef is the president campaigned on $800 billion in tax increases by ending the bush tax cuts for the wealthy. but is now proposing double that. $1.6 trillion. by adding tax hikes on dividends and capital gains. plus, the white house wa
lawmakers to accepting the tax hikes now. >> i miss visiting towns like this. >> president obama got his wish, rather than negotiating with republicans he was hamering them. back on the campaign trail in a factory that makes angry bird toys. >> it's not accept to believe me and i don't think it's acceptable for you for republicans in congress to hold middle class tax cuts hostage because they don't want the tax rates on the upper income folks to go up. >> within minutes,...
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Dec 7, 2012
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. >> we turn to the growing fiscal cliff.the president obama took his pitch higher taxes to a fairfax county home. met with a family in falls church. mr. obama is pushing for a tax makease on garner's who than $250,000 a year. -- on earners who make more than two and $50,000 a year. spending cuts will go automatically into effect. maryland law makers are on guard martin o'malley and mike miller and michael bush were in annapolis while they discuss the financial fallout the state face. between 50,090 thousand jobs notd be lost if a deal is reached. -- 50,090 thousand jobs could deal is not reached. a new proposal could be families living in the bloomingdale section of town. is live.dfrey >> engineers call this area an anomaly. it is where three major storm drains throughout the city converge. is a flash flood, people do not have a chance. proposal is hoping to help .hose >> ryan describes the hisruction left behind when flooded four times a in for summer having dried out with no help from officials, e is one steph ahead. >> we will have to hold our breaths for next year and hope our pa
. >> we turn to the growing fiscal cliff.the president obama took his pitch higher taxes to a fairfax county home. met with a family in falls church. mr. obama is pushing for a tax makease on garner's who than $250,000 a year. -- on earners who make more than two and $50,000 a year. spending cuts will go automatically into effect. maryland law makers are on guard martin o'malley and mike miller and michael bush were in annapolis while they discuss the financial fallout the state face....
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Nov 30, 2012
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president obama has thrown down the gauntlet on taxes and while the gop is stomping its feet at making the wealthy to pay a bit more, he's making his pitch to the people. at a toy factory today, he warned them to play nice. >> joe biden was in costco. he wanted to buy some of this stuff. but i told him he had too much work to dochl i wasn. i told him he wasn't going to build roller coasters all day long. of course, santa delivers everywhere. i've been keeping my own naughty and nice list for washington. so you should keep your eye on who gets come kinects this year. there are going to be some members of congress who get them and some who don't. >> what sort of plan do you give the republican who won't agree with anything? this one, of course. the president is asking for a $1.6 trillion tax increase, $50 billion in economic stimulus, and the power to raise the debt limit without congressional approval. meanwhile, he will work the fine savings in entitlements. not to the man sitting on the naughty list. senator mcconnell said that he burst into laughter at the proposal. you know what is
president obama has thrown down the gauntlet on taxes and while the gop is stomping its feet at making the wealthy to pay a bit more, he's making his pitch to the people. at a toy factory today, he warned them to play nice. >> joe biden was in costco. he wanted to buy some of this stuff. but i told him he had too much work to dochl i wasn. i told him he wasn't going to build roller coasters all day long. of course, santa delivers everywhere. i've been keeping my own naughty and nice list...
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Dec 7, 2012
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president obama and democrats are ripping him for resisting tax hikes on the rich. boehner's own party is giving him a hard time for not resisting hard enough. chief political correspondent carl cam has a deeper look at -- carl cameron has a deeper look at that story. >> john boehner is trying to stave off conservative rebellion in the ranks. his proposal to steer clear of the fiscal cliff raising tax revenue $800 billion closing the loopholes outraged antitax conservatives. when the speaker removed the conserve priv key committees in the past, the battle began. >> $800 billion over ten years and that looks like it would be a tax increase to me. 238 republicans, myself included, took a pledge not to raise taxes. they want to send a message to me to send a message to others. that we are not going to tolerate people who are interested in doing what is right. we want to play the same old game. if you try to disrupt that, we will knock you off a committee. >> for refusing to tow the leadership line, two conservatives were tossed off the house budget committee and david
president obama and democrats are ripping him for resisting tax hikes on the rich. boehner's own party is giving him a hard time for not resisting hard enough. chief political correspondent carl cam has a deeper look at -- carl cameron has a deeper look at that story. >> john boehner is trying to stave off conservative rebellion in the ranks. his proposal to steer clear of the fiscal cliff raising tax revenue $800 billion closing the loopholes outraged antitax conservatives. when the...
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Dec 6, 2012
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now, there are two numbers that the obama side, the democrats want to change. there are two top rates. the 33 and the 35. under the obama plan, the 33 would go to 36, the 35 would go to 39.6. you know, if you're trying to negotiate a compromise, you can start to play with each one of those numbers and try to find something. the huge problem for the republicans on doing that is they're opposed to any kind of tax increase on principle. so it's very hard for them to go into the negotiations that way and say, well, we could live with 37. well, if you do that, you have violated everything you've said about what you stand for prior to that. min i mean, the easier way for boehner to handle this is to allow if not secretly encourage a vote to occur in the house on the senate bill. if boehner were to allow a couple of dozen of his people it to go sign the discharge petition so that that comes to a vote and it comes to a vote without boehner having his fingerprints on it, allowing some republicans to go over there and just vote for that, that's the cleanest way to get it
now, there are two numbers that the obama side, the democrats want to change. there are two top rates. the 33 and the 35. under the obama plan, the 33 would go to 36, the 35 would go to 39.6. you know, if you're trying to negotiate a compromise, you can start to play with each one of those numbers and try to find something. the huge problem for the republicans on doing that is they're opposed to any kind of tax increase on principle. so it's very hard for them to go into the negotiations that...
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Dec 4, 2012
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out there, the republican from oklahoma, who said we're draz si if we don't extend the middle class tax cuts. you could see more republicans get there. and that's why i'm really glad president obama is not negotiating both for himself and for the republicans, which was sometimes his habit the last time. he's basically saying you want a bunch of cuts i don't have. don't make me propose them. that's creating some pressure on them. i think both those things will have an effect. we'll get the taxes back if we do nothing. >> the conversation in washington being separate from what it feels like the real needs of the country, a familiar feeling for me. i often have this frustration that the beltway discussion is not what the important questions are that are facing the country. in this case, i feel like as long as we're willing to talk about the economic needs of the country, as long as we're willing to talk about fiscal policy, how can it be we're not talking about new stimulus. the republicans ran against that as if the stimulus was this awful thing. but the republicans lost and we have an ec
out there, the republican from oklahoma, who said we're draz si if we don't extend the middle class tax cuts. you could see more republicans get there. and that's why i'm really glad president obama is not negotiating both for himself and for the republicans, which was sometimes his habit the last time. he's basically saying you want a bunch of cuts i don't have. don't make me propose them. that's creating some pressure on them. i think both those things will have an effect. we'll get the taxes...
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Dec 5, 2012
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he has a trillion -- there's $1 trillion of tax increases baked into the cake because of obama's 20 taxes in obamacare. 90% of those tax increases that obama put into obamacare were conveniently put in to take effect after he got re-elected to the presidency. so there a massive tidal wave of obama tax increases coming at the american people, starting in january. has nothing to do with the fiscal cliff. but it has everything to do with obamacare. >> now, it is true that a lot of those taxes did take place after the election. that's something we pointed out and is a fair point. but let me just ask you about the compromise we have to go to. because like i said, again, to get this done, taxes are -- i mean, they're going to go up on somebody. i just believe that this is what is going to happen. i think tom cole thinks it's going to happen. i think tom coburn thinks it's going to happen. i wanted to play a bite from him and get your reaction. here he is. >> sure. >> i'm okay to compromise even on some of my issues, if, in fact, we'll solve the problem. but what we have is a game being played f
he has a trillion -- there's $1 trillion of tax increases baked into the cake because of obama's 20 taxes in obamacare. 90% of those tax increases that obama put into obamacare were conveniently put in to take effect after he got re-elected to the presidency. so there a massive tidal wave of obama tax increases coming at the american people, starting in january. has nothing to do with the fiscal cliff. but it has everything to do with obamacare. >> now, it is true that a lot of those...
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obama wants to raise taxes on the wealthy. obama wants to eliminate deductions and close loopholes plus cut spending for entitlement programs. the president has said there can't be tax cuts for the rich at the expense of the domestic program which is frustrating for some republicans. >> this president, i think the president with president obama he's a small minded president in big times. he is talking about 35 verses 39.6 for people who make over a million dollars. that doesn't get us out of debt. >> both sides will be taking their plan to the public this week they will meet with governors for state business he's meeting with the governors today. john boehner will be with governors plus conduct rallies with small business owners. we don't know if these two sides are going to reach an agreement any time soon and the fiscal cliff is past approaching. >> thank you very much. we are going to keep with the fiscal cliff and take a look at who is talking. charles krauthammer weighing in on the negotiations. the approach on the presid
obama wants to raise taxes on the wealthy. obama wants to eliminate deductions and close loopholes plus cut spending for entitlement programs. the president has said there can't be tax cuts for the rich at the expense of the domestic program which is frustrating for some republicans. >> this president, i think the president with president obama he's a small minded president in big times. he is talking about 35 verses 39.6 for people who make over a million dollars. that doesn't get us out...
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Dec 5, 2012
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then its sprang back to life as part of the extension of the bush tax cuts that president obama signed into law. you have a debate -- very few members dispute that it needs to be continued. the debate is over whether you continue it at the current level. there is an exemption level, $10 million for a couple. or at the white house would prefer a 45% rate. that is the debate right now. there's a split among democrats. the white house wants a less generous estate tax. max-leaning states like baucu baucus. host: that was the headline recently in "the wall street journal," showing the senators. at its highest, was that was the estate tax? how many people did the estate tax affect? guest: we are talking tens of thousands. right now it affects 3000 the estates. the exemption level is set high historical novel. it has come down significantly. big argument from conservatives is it hits small businesses and farms. the number a hits is a small fraction. host: if nothing happens, what happens to the estate tax? guest: then it goes back to the levels of an exemption of $1 million. host: and that co
then its sprang back to life as part of the extension of the bush tax cuts that president obama signed into law. you have a debate -- very few members dispute that it needs to be continued. the debate is over whether you continue it at the current level. there is an exemption level, $10 million for a couple. or at the white house would prefer a 45% rate. that is the debate right now. there's a split among democrats. the white house wants a less generous estate tax. max-leaning states like baucu...
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Dec 3, 2012
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first offer that included new spending plus 1.6 trillion in tax hikes. totally unacceptable. >> i think we are going over the cliff. it's clear to me they made political calculation. white house officials insisted disaster could be amended and demanded a counter offer on the table. >> what we hope for is specificity from the republicans. >> an hour later, boehner did that. oftenning $800 billion in new tax revenue without raising rates. half what the president wants. far steeper cuts to entitlement than the president called for. $300 billion in savings from other programs like farm subsidiaries. >> the president ignored questions in the oval office. he went to twitter to repeat there can't be tax cut at the rich at the expense of domestic programs. they have an unpopular move to raise medicare eligibility age from 65 to 67. slower growth and social security benefit using less generous measure of inflation. boehner decided to lay down the gauntlet and challenge the president's mandate in a letter to mr. obama. writing, "after a status quo election in whic
first offer that included new spending plus 1.6 trillion in tax hikes. totally unacceptable. >> i think we are going over the cliff. it's clear to me they made political calculation. white house officials insisted disaster could be amended and demanded a counter offer on the table. >> what we hope for is specificity from the republicans. >> an hour later, boehner did that. oftenning $800 billion in new tax revenue without raising rates. half what the president wants. far...